The global crypto market capitalisation surged 5.58 percent over the last 24 hours to stand at $2.58 trillion. Bitcoin, currently trading at $57,563.20 saw a rise in its market dominance by about 0.23 percent over the last day to stand at 42.20 percent.
The total cryptocurrency trading volume over the last 24 hours was $111.08 billion, increasing by 6.42 percent. While DeFi ($17.05 billion) accounted for 15.35 percent of the total crypto volume, stablecoins ($87.25 billion) made for 78.55 percent of the crypto market's 24-hour market volume.
As for major cryptocurrencies, Bitcoin rose by 6.18 percent, in addition to Ethereum ($4,333), which surged by 7.45 percent. Binance Coin ($614.04) also rose by around 4.42 percent. Additionally, Solana
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